Guinea’s Bauxite Resources Evaluation and Forecasting Using Elasticity Demand Method Article Swipe

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Ousmane Sanoh , Qinli Zhang , Daolin Wang , Ningabo Aurélien ·

YOU? · · 2022 · Open Access · · DOI: https://doi.org/10.4236/jss.2022.104029

Based on the economic theory, this paper analyzes and presents Guinea’s bauxite reserve, domestic demand, the export prediction based on China’s consumption using the GDP elasticity of demand method to determine the elasticity and forecast based on the Ministry of mines and geology bauxite mineral resources data, and some other data sources (Annual production quantity, Annual Exportation quantity, Exported quantity to China) and the GDP growth rate from 2000 to 2020. This article also describes the evaluation of Guinea bauxite resources, including reserves in national conditions; grade; distribution status; development and utilization status; supply and demand; pricing and future forecasts.

Related Topics

Bauxite

China

Production (Economics)

Natural Resource Economics

Economics

Environmental Economics

Artificial Intelligence

Concepts

Bauxite Exportation Christian ministry China Elasticity (physics) Mineral resource classification Production (economics) Agricultural economics Natural resource economics Economics Environmental economics Computer science Geography Microeconomics Geology Archaeology Theology Artificial intelligence Philosophy Composite material Materials science Geochemistry Metallurgy

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Type: article
Language: en
Landing Page: https://doi.org/10.4236/jss.2022.104029
PDF: http://www.scirp.org/journal/PaperDownload.aspx?paperID=116797
OA Status: diamond
Cited By: 5
References: 7
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DOI: https://doi.org/10.4236/jss.2022.104029

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Title: Guinea’s Bauxite Resources Evaluation and Forecasting Using Elasticity Demand Method

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Language: en

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Publication year: 2022

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Publication date: 2022-01-01

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Authors: Ousmane Sanoh, Qinli Zhang, Daolin Wang, Ningabo Aurélien

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Landing page: https://doi.org/10.4236/jss.2022.104029

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Concepts: Bauxite, Exportation, Christian ministry, China, Elasticity (physics), Mineral resource classification, Production (economics), Agricultural economics, Natural resource economics, Economics, Environmental economics, Computer science, Geography, Microeconomics, Geology, Archaeology, Theology, Artificial intelligence, Philosophy, Composite material, Materials science, Geochemistry, Metallurgy

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Cited by: 5

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abstract_inverted_index.reserve,	12
abstract_inverted_index.reserves	82
abstract_inverted_index.China’s	20
abstract_inverted_index.describes	74
abstract_inverted_index.determine	30
abstract_inverted_index.including	81
abstract_inverted_index.quantity,	54, 57
abstract_inverted_index.resources	45
abstract_inverted_index.Guinea’s	10
abstract_inverted_index.elasticity	25, 32
abstract_inverted_index.evaluation	76
abstract_inverted_index.forecasts.	99
abstract_inverted_index.prediction	17
abstract_inverted_index.production	53
abstract_inverted_index.resources,	80
abstract_inverted_index.Exportation	56
abstract_inverted_index.conditions;	85
abstract_inverted_index.consumption	21
abstract_inverted_index.development	89
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